Pharmaceutical Robots Market by Product Type, End User and by Region-Trends and Forecast 2027

1. Pharmaceutical Robots Market to 2027 www.theinsightpartners.com Pharmaceutical Robots Pharmaceutical Robots Market Market To 2027 Pharmaceutical Robots Market to 2027 - Global Analysis and Forecasts By Product (Collaborative Pharmaceutical Robots, Traditional Robots), By Application (Inspection of Pharmaceutical Drugs, Laboratory Applications, Picking and Packaging), By End User (Pharmaceutical Companies, and Others) and Geography 1

2. Pharmaceutical Robots Market to 2027 www.theinsightpartners.com Pharmaceutical Robots Pharmaceutical Robots market is anticipated to grow at a CAGR market is anticipated to grow at a CAGR of of 13.6 13.6% and is % and is projected to reach US$ projected to reach US$ 344.40 344.40 Million during Million during 2019 2019- -2027 2027. . According to a new market research study titled 'Pharmaceutical Robots Market Pharmaceutical Robots Market - - Global Analysis and Forecasts by Global Analysis and Forecasts by Product, Application and End User'. Product, Application and End User'. The Global Pharmaceutical Robots Market is expected to reach US$ 344.4 Mn in 2027 from US$ 110.8 in 2018. The market is estimated to grow with a CAGR of 13.6% from 2019-2027. The report highlights the trends prevalent in the global pharmaceutical robots market and the factors driving the market along with those that act as deterrents to its growth. Recent observations suggest that drug pricing and reimbursement are a major barrier to the pharmaceutical industry, as many observers may ask, is the high cost of robotics sufficient to reduce costs on drug manufacturing. Identifying robots will help increase efficiency, reduce production costs and reduce waste. Even if the cost is high in the short term, the return on investment is extremely profitable, especially given the cost and reimbursement of the drug. Factors contributing to the market growth. Exhibit: Pharmaceutical Robots Lucrative Regional Markets Exhibit: Pharmaceutical Robots Lucrative Regional Markets 2

3. Pharmaceutical Robots Market to 2027 www.theinsightpartners.com The Asia Pacific region market is the leading and the largest market among all regions and is expected to grow with CAGR of 14.2%. The growth in the region is driven by the key factors such presence of major market players, high penetration of robotics systems in industries, and growing pharmaceutical industries in this region. In addition, rise in the high penetration of industrial robots in South Korea, Japan, and China, developments in the healthcare systems and industries, presence of leading competitors, growing initiatives in to promote robotics in the region are also some of the factors contributing to the market growth. Early Buyers will receive 10% customization on reports Early Buyers will receive 10% customization on reports Key factors driving the market are significant benefits offered by robots in pharmaceutical manufacturing, growing awareness of robotic systems in manufacturing process, increasing investments in pharmaceutical research and development. In addition, the growth opportunities in emerging nations are likely to have a positive impact on the growth of the market in the coming years. Product Insights Product Insights In 2018, the traditional robots segment held the largest market share of 75.5% of the pharmaceutical robots market, by product. The traditional robot segment is expected to dominate its market share in 2027 owing to increase in the use of robots in dispensing, sorting, kit assembly, and light machine-tending as well as in more traditional applications associated with packaging and others. However, the Collaborative robots segment is anticipated to witness the fastest growth rate of 14.2% during the forecast period, 2019 to 2027. Pharmaceutical Robots Market, by Product 3

4. Pharmaceutical Robots Market to 2027 www.theinsightpartners.com The pharmaceutical robots market by product is segmented into collaborative robots and traditional robots. In 2018, the traditional robots segment held a largest market share of 75.5% of the pharmaceutical robots market, by product. The traditional robot segment is expected to dominate its market share in 2027 owing to increase in the use of robots in dispensing, sorting, kit assembly, and light machine-tending as well as in more traditional applications associated with packaging and others. However, the collaborative robots segment is anticipated to witness the fastest growth rate of 14.2% during the forecast period, 2019 to 2027. Market Insights Market Insights Growing Awareness of Robotic Systems in Manufacturing Growing Awareness of Robotic Systems in Manufacturing There are several conferences, workshops, and exhibitions being held across the globe in order to increase the awareness of robotic systems. For instance, 5th World Congress on Automation and Robotics was held in April 2018, at Las Vegas, USA. The conference aimed at growing awareness and share the knowledge of advanced technology amongst the professionals, industrialists, and students from the research area of Automation & Robotics. Furthermore, Pittcon 2018 was held in February 2018 at Orlando, Florida. The conference focused on the latest developments in technology, assisting analysis and automation in pharmaceutical research. For instance, GlaxoSmithKline, who has collaborated with other pharmaceutical companies to assess the robotic platforms for precise, automated dispensing of solids and AstraZeneca has who have worked on combined efforts to improve the measurement and prediction of API solubility. Also, The Digital Robot Pharma Fab Workshop will be held in June 2019 at Amsterdam, The Netherlands. This workshop will demonstrate the applications of robotics in the pharmaceutical industry and also introduces the advantages and risks associated with it. The workshop will conduct also includes lectures as well as hands-on training by mockups and live activities presented in the exhibition hall. Thus the growing conferences, workshops, and exhibitions for pharmaceutical robots drive the market growth during the forecast period. Request Sample Copy of this report at Request Sample Copy of this report at https://www.theinsightpartners.com/discount/TIPMD00002250/ https://www.theinsightpartners.com/discount/TIPMD00002250/ Increasing Medical Tourism in Emerging Nations Increasing Medical Tourism in Emerging Nations Research and development (R&D) is an essential and crucial part of the company’s business. Pharmaceutical and biotechnology companies’ focus on research and development (R&D) to develop new molecules for various therapeutic applications with the greatest medical and commercial potential. The companies invest majorly on the R&Ds with the aim of delivering high quality and innovative products to the market. R&D spending by biopharmaceutical companies has also increased over the years. According to a report of Pharmaceutical Research and Manufacturers of America (PhRMA), the R&D expenditure of the biopharmaceutical companies has increased from US$49.6 billion in 2012 to US$ 58.8 billion in 2015. Therefore, the increasing research and development expenditure in pharmaceutical and biotechnology companies in order to save the cost and time and to improve the drug discovery process will drive the growth for the pharmaceutical robots market during the forecast period. 4

5. Pharmaceutical Robots Market to 2027 www.theinsightpartners.com Top Companies Include: Top Companies Include: 1.ABB 2.Kawasaki Heavy Industries, Ltd. 3.YASKAWA ELECTRIC CORPORATION 4.Universal Robots 5.Marchesini Group S.p.A. 6.DENSO CORPORATION 7.FANUC CORPORATION 8.Epson India Pvt Ltd. 9.SHIBUYA CORPORATION 10. 10.TRANSCRIPTIC INC. Strategic Insights Strategic Insights Product launch/update and agreements & collaborations were observed as the most adopted strategy in global patient simulator industry. Few of the product launches and agreements made by the players in the market are listed below: 2019: 3D Systems launched Simbionix ARTHRO Mentor Express training simulator which designed to help medical professionals learn and perfect surgical procedures for knees, shoulders and hips on a portable and affordable tabletop platform. 2016: CAE Healthcare and the American Society of Anesthesiologists (ASA), together signed a collaborative agreement to design and develop an interactive screen-based simulation product. Benefits offered by ro Benefits offered by robots in pharmaceutical manufacturing is leading the growth of pharmaceutical robots bots in pharmaceutical manufacturing is leading the growth of pharmaceutical robots market over the forecast period. market over the forecast period. Place a Direct Purchase Order to obtain Copy of this report at Place a Direct Purchase Order to obtain Copy of this report at https://www.theinsightpartners.com/buy/TIPMD00002250/ https://www.theinsightpartners.com/buy/TIPMD00002250/ 5

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